Search Results

Tax Tip 2022-38, March 10, 2022 — Higher education is important to many people and it’s often expensive. Whether it’s specialized job training or an advanced degree, there are a lot of costs associated with higher education. There are two education tax credits designed to help offset these costs - the American opportunity tax credit and the lifetime learning credit.

Previous Year Quality and Tax Alerts for IRS Volunteer Program

What the IRS needs from you if you received an IRS audit notice CP75 or CP75A requesting supporting documents

Find out which education expenses qualify for claiming education credits or deductions.

You may have to file Form 1099-NEC, Nonemployee Compensation, to report payments you make to independent contractors.

Find Form W-9, Form 1099 and instructions on filing electronically for independent contractors.

Digest of Treasury Regulations on issues of interest to tax-exempt organizations.

An archive of email updates and alerts from the IRS about developments in exempt organizations tax law and regulations, upcoming IRS training and events, and other information.

If you’re engaged in a business or trade, understand the transactions you must report on information returns to the IRS and to the recipient of the payment or other party in the transaction. Find forms and deadlines. Starting tax year 2023, if you have 10 or more information returns, you must e-file them.

The federal, state and local governments news is a periodic newsletter with information for federal tax matters for all types of government entities.